( Editorial: --> 3779 )
ZAGREB, June 25 (Hina) - The House of Representatives ended its
sitting on Thursday with a short discussion on the Croatian
Reconstruction and Development Bank's (HBOR) 1997 annual report
and proposed changes to the Law on Executing the State Budget.
Finance Minister Borislav Skegro told the Croatian National
Parliament's lower chamber that the budget changes proposed
increasing state guarantees for borrowing from US$156 million to
US$546 million.
Presenting figures on the HBOR's activities last year, management
board chairman Anton Kovacev said that its expenditures amounted to
US$9 million and income US$31 million, enabling US$17 million for
reserves.
(Hina) mbr jn
260002 MET jun 98
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